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David Phillips's avatar

You are underestimating the follow on effects. Other oil producers will invest and take over the sales Iran is currently making. Ghana for example. “Control” means avoiding the straight. The world economy will not invest in a path that is constantly unreliable.

John's avatar

In less than several years, there will be newly completed pipelines heading in a few directions out of the area, and the Straight will not matter as much.

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